What stock plan governs Helen Deeble’s Carnival (CCL) share grant?

The unrestricted share grant to Helen Deeble was made under the Carnival Corporation Ltd. 2020 Stock Plan. This plan provides equity compensation to non-executive directors, with grants sized using a board-approved dollar value and an average share price calculation.

Carnival (CCL) director Helen Deeble receives $210K stock grant and tax withholding

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Carnival Corp Ltd. director Helen Deeble reported a stock-based compensation grant and related tax withholding. On May 8, 2026, she received 7,712 common shares as an award valued by the board at $210,000 under the 2020 Stock Plan. On May 11, 2026, 3,625 shares were withheld at $26.38 per share to cover taxes on this grant. After these transactions, she directly holds about 87,605.7962 common shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Deeble Helen

Role null

Type	Security	Shares	Price	Value
Tax Withholding	Common Shares	3,625	$26.38	$96K
Grant/Award	Common Shares	7,712	$0.00	--

Holdings After Transaction: Common Shares — 87,605.796 shares (Direct, null)

Footnotes (1)

Grant of unrestricted shares made to non-executive directors pursuant to the Carnival Corporation Ltd. 2020 Stock Plan. The Board of Directors approved a value of $210,000 to be granted to the reporting person in the form of unrestricted shares. The number of unrestricted shares was determined by dividing the grant value by the average of the closing prices of a Carnival Corporation share over 20 consecutive trading days ending on the day before the grant, then rounding down to the nearest whole share. Includes shares acquired pursuant to the dividend reinvestment feature of the reporting person's account. Represents shares withheld by the Issuer to cover taxes associated with the grant of unrestricted shares.

Key Figures

Stock grant value: $210,000 Shares granted: 7,712 shares Shares withheld for taxes: 3,625 shares +2 more

5 metrics

Stock grant value <money>$210,000</money> Board-approved value for unrestricted share grant to director

Shares granted 7,712 shares Unrestricted common shares awarded on May 8, 2026

Shares withheld for taxes 3,625 shares Tax-withholding disposition at <money>$26.38</money> per share on May 11, 2026

Holding after transactions 87,605.7962 shares Total common shares directly held after grant and tax withholding

Tax withholding price <money>$26.38</money> per share Price used for 3,625 withheld shares on May 11, 2026

Key Terms

unrestricted shares, 2020 Stock Plan, dividend reinvestment, tax-withholding disposition, +1 more

5 terms

unrestricted shares financial

"Grant of unrestricted shares made to non-executive directors pursuant to the Carnival Corporation Ltd. 2020 Stock Plan."

2020 Stock Plan financial

"Grant of unrestricted shares made to non-executive directors pursuant to the Carnival Corporation Ltd. 2020 Stock Plan."

dividend reinvestment financial

"Includes shares acquired pursuant to the dividend reinvestment feature of the reporting person's account."

Dividend reinvestment is when the money earned from a company's profit sharing, called dividends, is automatically used to buy more shares of that company instead of being received as cash. This process helps investors grow their holdings over time without extra effort, much like using earned interest to buy more of a savings account. It encourages long-term investment growth by continuously increasing the amount of shares owned.

tax-withholding disposition financial

"Represents shares withheld by the Issuer to cover taxes associated with the grant of unrestricted shares."

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Grant, award, or other acquisition financial

"The Board of Directors approved a value of $210,000 to be granted to the reporting person in the form of unrestricted shares."

Form 4 Insider Transactions: What Each Field Means →

05/12/2026 - 04:15 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Deeble Helen

(Last)

(First)

(Middle)

C/O CARNIVAL CORPORATION

3655 N.W. 87TH AVENUE

(Street)

MIAMI

FLORIDA

33178

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Carnival Corp Ltd. [ CCL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	05/08/2026		A⁽¹⁾		7,712⁽²⁾	A	$0	91,230.7962⁽³⁾	D
Common Shares	05/11/2026		F		3,625⁽⁴⁾	D	$26.38	87,605.7962	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Grant of unrestricted shares made to non-executive directors pursuant to the Carnival Corporation Ltd. 2020 Stock Plan.

2. The Board of Directors approved a value of $210,000 to be granted to the reporting person in the form of unrestricted shares. The number of unrestricted shares was determined by dividing the grant value by the average of the closing prices of a Carnival Corporation share over 20 consecutive trading days ending on the day before the grant, then rounding down to the nearest whole share.

3. Includes shares acquired pursuant to the dividend reinvestment feature of the reporting person's account.

4. Represents shares withheld by the Issuer to cover taxes associated with the grant of unrestricted shares.

	/s/ Helen Deeble	05/12/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Helen Deeble report at Carnival (CCL)?

Helen Deeble reported a stock grant and related tax withholding. She received 7,712 Carnival common shares as compensation and had 3,625 shares withheld to cover taxes, leaving her with approximately 87,605.7962 directly held common shares after these transactions.

Was Helen Deeble’s Form 4 transaction in Carnival (CCL) an open-market trade?

No, the Form 4 shows compensation-related transactions, not open-market trading. Deeble received 7,712 unrestricted shares as a board-approved grant and 3,625 shares were withheld by Carnival to satisfy tax obligations associated with that equity award.

How was the $210,000 Carnival (CCL) stock grant to Helen Deeble calculated?

The board approved a grant value of $210,000 in unrestricted shares. The number of shares, 7,712, was determined by dividing that value by the 20-day average closing price of a Carnival share and rounding down to the nearest whole share, per the disclosed formula.

Why were 3,625 Carnival (CCL) shares withheld from Helen Deeble?

The 3,625 shares were withheld by Carnival to cover taxes on the unrestricted share grant. This tax-withholding disposition, reported at $26.38 per share, is a standard mechanism and is not an open-market sale by the director.

How many Carnival (CCL) shares does Helen Deeble hold after these transactions?

After the reported grant and tax withholding, Helen Deeble directly holds about 87,605.7962 Carnival common shares. This figure also includes shares acquired through the dividend reinvestment feature of her account, as noted in the filing footnotes.